401k Plan data: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN plan

PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 401k Plan overview

Plan Name	PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN
Plan identification number	001

PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PADCO COMPANIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: PADCO COMPANIES, INC.

Employer identification number (EIN): 410979182

NAIC Classification: 326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 LAUREN MACCORMICK
001 2011-01-01 ANNA MACCORMICK

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	LAUREN MACCORMICK
001	2011-01-01	ANNA MACCORMICK

Plan Statistics for PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

401k plan membership statisitcs for PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Measure Date Value
2012: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 28
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 8
Total of all active and inactive participants 2012-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 38
Number of participants with account balances 2012-01-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 24
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 7
Total of all active and inactive participants 2011-01-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 33
Number of participants with account balances 2011-01-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2012: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	28
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	8
Total of all active and inactive participants	2012-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	38
Number of participants with account balances	2012-01-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	24
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	7
Total of all active and inactive participants	2011-01-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	33
Number of participants with account balances	2011-01-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Measure	Date	Value
2012 : PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$52,571
Expenses. Total of all expenses incurred	2012-12-31	$12,420
Benefits paid (including direct rollovers)	2012-12-31	$12,420
Total plan assets at end of year	2012-12-31	$287,624
Total plan assets at beginning of year	2012-12-31	$247,473
Value of fidelity bond covering the plan	2012-12-31	$160,000
Total contributions received or receivable from participants	2012-12-31	$17,887
Contributions received from other sources (not participants or employers)	2012-12-31	$24,010
Other income received	2012-12-31	$10,674
Net income (gross income less expenses)	2012-12-31	$40,151
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$287,624
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$247,473
Assets. Value of employer securities	2012-12-31	$155,277
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$20,292
Expenses. Total of all expenses incurred	2011-12-31	$11,054
Benefits paid (including direct rollovers)	2011-12-31	$11,054
Total plan assets at end of year	2011-12-31	$290,605
Total plan assets at beginning of year	2011-12-31	$281,367
Value of fidelity bond covering the plan	2011-12-31	$160,000
Total contributions received or receivable from participants	2011-12-31	$21,822
Other income received	2011-12-31	$-1,790
Net income (gross income less expenses)	2011-12-31	$9,238
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$290,605
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$281,367
Assets. Value of employer securities	2011-12-31	$198,656
Total contributions received or receivable from employer(s)	2011-12-31	$260
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

2012: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

PADCO COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN [EIN = 411724244]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	PADCO COMPANIES, INC.
Employer identification number (EIN):	410979182
NAIC Classification:	326100